This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe a federal land bank. What will be an ideal response? ... (Read 19 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jul 21, 2018
Describe a federal land bank.
 
  What will be an ideal response?

Question 2

Explain the meaning of comparative advantage, and give an example.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 21, 2018
Answer to Question 1

Federal land banks were created by Congress in 1916 to provide long-term credit for agriculture.
These banks are excellent sources of credit for the purchase of real estate because of the favorable
interest rates.



Answer to Question 2

Comparative advantage is the emphasis in a given area where the most returns can be achieved. This is
illustrated by the change in livestock production in New York State. Long ago, most farms in New
York raised sheep. Now, many of those farms produce milk because of the high demand and favorable
prices for milk. Producing milk became more advantageous than lambs and wool.



penguins

  • Member
  • Posts: 903
Reply 2 on: Jul 21, 2018
YES! Correct, THANKS for helping me on my review

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

A typical bank statement. A typical bank statement.
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
J or U dose-response curve J or U dose-response curve
Describe how fat is digested, absorbed, and transported in the body Describe how fat is digested, absorbed, and transported in the body
Video: Osteoporosis

For a complete list of videos, visit our video library